5801 N. Northwest Highway
- Mixed Use Commercial + Retail + Multi-Family
- 6 One Bedroom/One Bathroom Apartments
- 1991 Construction
- Tremendous Value Add Potential
- Successful Day Care Retail Tenant Since 2007
- Only Block from Norwood Park & Gladstone Park Metra Stops
- 10 Individual Gas Forced Air Furnaces
- In Place Cash Flow
- Below Market Apartment Rents
- Pitched Roof Full Replacement in 2014
- Minutes from I-90
- On Site Laundry
- 10 Condensers
- Tenant Storage
- Copper Plumbing & Electric Throughout
- Spacious Rear Yard
- Basement Sump Pump
- Parking for 5 Vehicles
- Tenant Paid Heating and Air Conditioning
- Bus Stop in Front of the Building
Property Description
33 Realty's pleased to present for sale 5801 N. Northwest Highway in Chicago, IL 60631. Completed in 1991, this 9,250 Net Rentable Square Feet mixed use building contains co-working type office space (former real estate office) , a successful day care operation on the first floor and 5 one bedroom/one bathroom apartments on the second floor with 6th apartment in the lower level. The site includes a large 8,250 SF parcel with a spacious rear yard and rear parking for 5 vehicles. The property has central HVAC which includes 10 gas forced air furnaces, 6 hot water tanks, and 10 condensers. The property generats multiple income streams via the month to month rental of individual desks to tenants, in addition to the first floor day care center and the apartments. 5801 N. Northwest Highway presents a tremendous opportunity to add value by bringing rents to market value for either a pure investor or as an owner user for the first floor commercial space.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,799,000 |
| No. of Units: | 10 |
| Year Built: | 1991 |
| Lot Size: | 0.19 Acres |
| Opportunity Zone: | No |
| Price per unit: | $179,900 |
| Property Website | Click Here |
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